ONION WEIGHT SHORTAGE
4 kg onion bought at Rs 9 per kg weighed 400g less; Reliance Smart Bazaar, Reliance Retail ordered to pay Rs 20,000
A Ropar consumer commission ordered Reliance Smart Bazaar and Reliance Retail to pay Rs 20,000 to a customer after his own video showed two onion packets bought under a Rs 9 per kg offer fell about 400 grams short of the promised 4 kg, with no store staff addressing his complaint on the spot.
From export bans to price crashes: Why onion farmers need more than buffer stock purchases
Recent hikes in procurement price have provided little relief, according to stakeholders, as onion farmers argue that prices are still below their cost of production.
India cooking gas crunch fuels inflation fear as Iran war widens
India faces a severe cooking gas crunch due to Middle East supply disruptions. Restaurants and small businesses are struggling with shortages and price hikes. Some are even considering temporary closures. This crisis is impacting inflation and the economy. Policymakers are concerned about rising prices and potential output drops. The government is taking emergency measures to protect households.
Primetime Emmy Awards 2025 date: How to watch top nominated shows?
Primetime Emmy Awards 2025 nominations are out and fans want to know where to watch the top nominated shows.
India's strike will hit Pak where it hurts the most
India has restricted water flow to Pakistan via Chenab river. This follows the suspension of the Indus Water Treaty. Pakistan anticipates a 21% water shortage. The move will impact Pakistan's agriculture. Reduced water may cause food shortages in the country.
Fixed deposit: Is it the last window to book FDs at high interest rates as RBI pauses repo rate?
Interest rate on fixed deposits have risen significantly however they are yet to match the rise in RBI repo rate hike of 2.5% seen since May 2022. May depositors were hoping that rate will rise further but hardly any bank has raised the rates significantly in last 1-2 months. However, tight liquidity in banking system and uncertainty about inflation movement may make a case for a higher rate on FDs. However, it may not be long lived and overall interest rate on FDs are likely to fall in coming months. What should depositors do?
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India’s rate setters become cautious of surging food prices
Two monetary policymakers in India have urged the Reserve Bank of India to prevent spillover from the rise in food prices as inflation reaches a 15-month high. The central bank aims to keep inflation between 2% and 6%, but the consumer price index rose by 7.44% last month, driven by an 11.51% increase in food prices.
Floods to cause USD 4 billion loss to Pakistan's economy: Report
Pakistan, where agriculture has a 23 per cent share in gross domestic product (GDP), can remain highly vulnerable in the aftermath of the floods that have killed nearly 1,000 people and injured and displaced thousands more since mid-June.
What changed for market while you were sleeping
Nifty futures on the Singapore Exchange traded 27 points or 0.11 per cent lower at 9,178.25, indicating a flat start for Dalal Street.
View: India has people. It needs consumers
The new consensus among experts is that India's economy is deflation-bound.
Market Movers: What changed for D-Street while you were sleeping
Here is breaking down the pre-market actions.
How comfort food helped people move past tragedies like 9/11, 26/11
After 9/11, surveys showed that 15% of Americans ate “comfort foods.”
Rs 200 per quintal boost for MSP of pulses: Why experts think it's a good move
With an eye on to increase acreage, Modi government on Wednesday increased the MSP of pulses by an exceptional Rs 200 per quintal.
Primitive national cold chain will lead to huge wastage & dumping of produce this year too
India's farm economy requires 61 million tons of cold storage but currently there is a shortage of 60 per cent.
Retail cartel pushing up MRPs of food items
Food prices are being manipulated behind the smokescreen of a poor monsoon, and it is the retailers who are determining the printed maximum retail price (MRP) of a product, not the manufacturer.
Lower weight, higher prices stump buyers
Food prices go through the roof and consumer product companies scrimp on quantity to protect margins.
Agriculture: Production and growth monsoon '04
As per the long-range forecast for the 2004 south-west monsoon rainfall issued by Indian Meteorological Department (IMD) in April and updated in June, the rainfall for the country as a whole was expected to be near normal and quantitatively 100 per cent of the Long Period Average (LPA) with an error of ±4 per cent.
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